Quote from: Regulater on August 31, 2017, 01:27:46 AM

Its not suprising to see a TenX supporter with incorrect calculations. I know your a TenX supporter as i see you in TenX slack often trashing MCO.

Ha! Ok well you jumped the shark in the second sentence. I've never been to the TenX slack and I hold both TenX and MCO. If I have a coin pay card I personally like, it's Shift. And just because someone has a problem with the ridiculous things MCO says and does doesn't mean it's because they support some other option. Your statements are ridiculous.

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Lets do some correct calculations. Currently there is 10 million MCO in circulation not 30 Million, and 30 million wont be for a long time, and you know this because when you are doing TenX calculations you always state 100 million.

Again, never been to TenX's slack, and I don't know what a TenX calculation is. And it doesn't matter how many are in circulation, 30 million is the total number. Guess who has the other 20 million? MCO founders, and as of tomorrow, they're allowed to sell it. Don't worry though, Kris said he'll "consult the MCO community" before doing so. What a relief!

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For $9 per token to be possible which really isnt, but lets say.

~~$9 * 10 million = $90 million yearly in rewards.~~

$9 * 30 million = $270 million yearly in rewards.

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$90 million * 100 = $9 Billion a year spent to achieve $90 million at 1% rewards.

WRONG: $27 Billion a year COLLECTED IN CC TRANSACTION FEES. Only 1.9-2.0% of CC transactions are fees. And because Monaco uses a reseller for their Visa plan, they don't get all of that. Probably more like 10-20% of it. So 270 billion, in fees.

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~~The end, $9 billion spent yearly to achieve $9 per coin at 1% rewards.~~

Not even close. 270 billion * (100 / 2.0) = 13.5 Trillion to 270 billion * (100 / 1.9) = 14.2 Trillion

NEVER GONNA HAPPEN.

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Your calculations look like someone with no common mathmatic knowledge calculated them.

Says the guy that does not know how to spell mathematics. *smh*

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You multiplied by the 100, then again by 50 for no reason. Its not 1% of their 1-1.5% interchange fee, its 1% of the total transaction just like TenX .6% of the transaction. In the TenX chat you guys believe you will get $50k+ a year with 100 million coins and calculate numbers of near 1 trillion yearly spending, but cant calculate 10 million tokens at a higher percentage.

Also congratulations on stating TenX and Wavecrest information. MCO is not using Wavecrest they are using Wirecard which is a large operator in the United States. This allows them to operate in the United States without issue, unlike TenX which needs to find a new 3rd party (probably choose wirecard too) so they can continue operation after October 15.
Its funny watching you guys in TenX slack thinking you will achieve this, but then you try and spread false information because another company is offering a faster release (if they release) than TenX which you like to ride.

PUT. THE. BONG. DOWN.

BTW: How's MCO looking today? You like that app? HA